Kategorier: Alle - development - investment - employment - economy

af Grant Terry 12 år siden

261

Wind Energy Technology

The recent vote to renew the Production Tax Credit (PTC) ensures the continuation of a 2.2 cent per kilowatt tax credit, which aims to keep energy prices low and maintain affordability.

Wind Energy Technology

"PTC" Produciton Tax Credit

Allowed to expire in december

Discourage Private investments in the industry
Hinder developments in the industry

increase costs

Remove the 2.2 cent per killowatt tax credit
Increase cost of energy

Reduce demand

Hinder the expansion of the industry as a whole
Prevent new developments
Increase the number of layoffs in the the industry
Increas unemployment

Negative effects on economy

Voted to renew in December

Continuation of 2.2 cent per Kilowatt tax credit
Lower prices and continued affordability
Allow for the continued evolution and expansion of the industry
New developments and lower prices
Bring more private investment for new industry projects
Continued funding for research and development of the industry
Promote the creation of new jobs
New jobs would boost local economies